Rebirth of the Strongest Tycoon

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Originally, Saren Francisco was so busy with bank matters that he almost exploded.

Suddenly, all the listed companies under the family were attacked, which made him go crazy!

This has to mention the asset control model of the Francisco family.

Although Franco ruled Spain for decades, the expansion period of the Francisco family's assets actually occurred in the last ten years or so.

In the past two decades, although Franco was extremely powerful, his appearance was not ugly. Instead, he devoted a lot of thought and energy to building and prospering Spain.

Compared with leftists who shout slogans and like to fight among themselves, he seems to be a man of action.

And because he only has an only daughter, although he helps the family a lot, he mostly turns a blind eye to the family's actions in his name.

It was only in the later stages of his dictatorship.

Franco's health was deteriorating and his energy was dwindling. Coupled with the constant counterattacks of hostile parties and forces.

Seeing that the situation was not good, other members of the Francisco family changed their strategies and greatly expanded the family's assets for the sake of the long-term future of the entire family.

The purpose is that one day after the Francisco family loses political power, it will still have strong capital and continue to dominate the country like the Agnelli family in Italy.

After all, the country's assets cannot be blatantly transferred to private names, but as long as the power is still in hand, many things are still easy to do.

Under this circumstance, the Francisco family tried every means to increase its stake in Bilbao Vizcaya Bank, increasing its shareholding ratio to 58.64% in one fell swoop!

Because of the nature of Bilbao Vizcaya Bank as a listed company, such a high shareholding ratio can be said to be a peace of mind.

After firmly controlling the bank.

The Francisco family began a crazy expansion.

The second step is to increase the holdings of Manford Insurance Company, a listed company, from both the family and the bank.

In particular, bank funds were used to directly increase the shareholding ratio of Manford Insurance Company to 18.28%!

In addition, the Francisco family used funds to increase its shareholding to 21.67%.

Combining the two.

The listed company Manford Insurance Company was also included in the pocket and became the small financial core of the Francisco family.

After tasting the sweetness.

The Francisco family made full use of the huge funds of the two major financial cores and began to acquire equity interests in pillar companies in important fields.

This acquisition process is full of evil in human nature.

But the results satisfied the Francisco family.

The most typical of these is the Iverdrola company.

The Francisco family used its own funds to hold 12.39% of the shares over the years.

But Bilbao Vizcaya Bank holds 27.15% of the company's shares!

therefore.

After obtaining escrow voting rights from the bank, the Francisco family directly controlled Iberdrola, Spain's second largest and largest private power company.

As for whether other shareholders will resist?

Except for the shareholders who were eliminated, other shareholders had a very positive mentality when they did not get control and management rights of the company. Their only purpose was to make money!

The Francisco family relied on Franco's power and the funds of Bilbao Vizcaya Bank to give these companies an advantage in the development.

Even if the Francisco family does things from time to time to obtain more benefits, these shareholders will acquiesce as long as it is not too excessive.

So after all these years.

Even after Franco's death, the political power of the Francisco family was greatly weakened, as long as there were no problems with Bilbao Vizcaya Bank, these companies still took advantage of consortium-style development when developing.

Even if development is not as smooth as it was during Franco's lifetime, there are still advantages.

When things are going well, shareholders in these companies don't stir up trouble or rebel.

But at this time, Bilbao Vizcaya Bank has too much to take care of itself, so naturally it is another matter!

for this.

How could Saren Francisco not know?

So when the stock prices of companies such as Iverdrola, Manford Insurance Company, and Farolio Group were severely suppressed.

He was completely panicked.

During these days, facing the situation where the capital chain of Bilbao Vizcaya Bank was drying up, he was disposing of other investment assets or thinking of other ways to raise funds, and he did not move to sell the equity of these important companies. idea.

And in the beginning, he didn't care when Bilbao Vizcaya's stock price was suppressed.

After all, the Francisco family controlled the bank and did not mortgage the bank's equity for loans, so if the stock price fell temporarily, it would fall. Just get over it.

But other companies' plummeting share prices are different.

After all, the funds of Bilbao Vizcaya Bank, Manford Insurance Company and the Francisco family are not infinite.

In order to expand rapidly, their family used revolving loans to purchase part of the equity and then acquired more equity with less money through pledge or targeted bond issuance.

Now that the stock prices of these companies have plummeted, this brings huge risks.

If you have money.

It's a good thing for the Francisco family, it's nothing more than bargain hunting to save the market.

At the same time, they will definitely thank their enemies for being living bodhisattvas who help suppress the stock price and reduce their acquisition costs.

But the same thing, now that the Francisco family and Bilbao Vizcaya Bank's capital chain is in crisis, has become a reminder!

He even couldn't prevent other shareholders from running away with their buckets, pushing the Francisco family into a deeper pit!

So Saren Francisco immediately contacted his cousin, Uncle Franco's only daughter, Carmen Francisco, a sixty-two-year-old woman.

She is another core figure in the family!

Less than fifteen minutes.

Carmen Francisco came to the headquarters of the Bank of Vizcaya in Bilbao and met her cousin Saren.

Seeing the arrival of his cousin, Saren Francisco, who was working on emergency dispatch, gave his subordinates a few words and sent them away.

"Cousin, great, you are finally here!"

Seeing her cousin's red eyes and somewhat withered face, Carmen felt distressed and helpless.

"Saren, thank you for your hard work these days!"

"It is my responsibility."

"Stop talking about this, cousin, please sit down and look at this information first."

After waiting for his cousin to sit on the sofa, Saren handed over the simple information on the stock market that had just been collected.

The latter took out a glasses case from his bag, put on his reading glasses and looked at it carefully.

After all, it was only collected by people in a short period of time, so the information is not long.

But there is a lot of key information.

After a few minutes.

The old woman frowned, looked at Saren Francisco with a heavy expression and said: "Now the stock prices of these companies have fallen by more than ten percent, and even more seriously, they have even fallen by more than twenty percent. If they continue If we let it go, it is very likely that there will be a risk of insolvency. Many people know this news, which will have a new round of impact on the family's bank!"

Saren Francisco nodded heavily and sighed: "This is one aspect that worries me."

"The only way to solve the problem is to spend money to bail out the market, but we are currently short of funds, so we will most likely have to abandon some companies to raise funds to keep banks and other companies."

"But I have bigger worries."

"Where do you think the stocks that the enemy is dumping are coming from?"

The old woman was stunned for a moment, and then her face changed drastically. She was so excited that the wrinkles on her face trembled a few times.

"Do you suspect that the enemy has acquired a large amount of equity in the family's companies?"

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